{
  "$id": "https://startups.as/kestrel.markets",
  "$type": "Name",
  "source": {
    "kind": "api.sb",
    "ns": "startups.as",
    "at": "2026-10-26T12:18:35.284Z",
    "note": ""
  },
  "name": {
    "$id": "https://api.sb/startups.as/names/kestrel.markets",
    "version": 5071,
    "domain": "kestrel.markets",
    "label": "Kestrel.Markets",
    "tier": "projection",
    "buyer": "Traders running agentic strategies on Kestrel (commercial platform)",
    "set": "S16 Fin · capital markets",
    "abstraction": "V-markets",
    "role": "projection",
    "status": "on-stage",
    "registrar": "dynadot",
    "stage": "top100",
    "provenance": {
      "tier": {
        "basis": "Inferred",
        "source": "portfolio-lens-a.tsv (tier)",
        "confidence": "high",
        "by": "agent:startups-as-seed",
        "at": "2026-10-25"
      },
      "role": {
        "basis": "Inferred",
        "source": "portfolio-lens-b.tsv (role)",
        "confidence": "med",
        "by": "agent:startups-as-seed",
        "at": "2026-10-25"
      },
      "status": {
        "basis": "Inferred",
        "source": "lens A stage top100",
        "confidence": "high",
        "by": "agent:startups-as-seed",
        "at": "2026-10-25"
      },
      "abstraction": {
        "basis": "Inferred",
        "source": "portfolio-lens-b.tsv (abstraction)",
        "confidence": "med",
        "by": "agent:startups-as-seed",
        "at": "2026-10-25"
      },
      "set": {
        "basis": "Inferred",
        "source": "portfolio-lens-a.tsv (set_or_journey)",
        "confidence": "high",
        "by": "agent:startups-as-seed",
        "at": "2026-10-25"
      },
      "buyer": {
        "basis": "Inferred",
        "source": "portfolio-lens-b.tsv (icp_or_position)",
        "confidence": "med",
        "by": "agent:startups-as-seed",
        "at": "2026-10-25"
      },
      "display": {
        "basis": "Inferred",
        "source": "seed rule from the casing rules in docs/plans/2026-10-24-portfolio-stack-visualization.md; compound labels are open",
        "confidence": "low",
        "by": "agent:startups-as-seed",
        "at": "2026-10-25"
      },
      "registrar": {
        "basis": "Inferred",
        "source": "holdings ledger (domains repo, read-only)",
        "confidence": "high",
        "by": "agent:startups-as-seed",
        "at": "2026-10-25"
      }
    },
    "tensions": []
  },
  "stack": {
    "kind": "generated",
    "title": "Generated around Kestrel.Markets",
    "levels": [
      {
        "label": "support:stock",
        "nodes": [
          {
            "domain": "harrowline.com",
            "side": "spine",
            "door": false
          }
        ],
        "more": 0
      },
      {
        "label": "centre",
        "nodes": [
          {
            "domain": "kestrel.markets",
            "side": "spine",
            "door": false
          }
        ],
        "more": 0
      },
      {
        "label": "the abstractions",
        "nodes": [
          {
            "domain": "saas.dev",
            "side": "spine",
            "door": false
          }
        ],
        "more": 0
      },
      {
        "label": "the abstractions",
        "nodes": [
          {
            "domain": "headless.ly",
            "side": "spine",
            "door": false
          }
        ],
        "more": 0
      },
      {
        "label": "the abstractions",
        "nodes": [
          {
            "domain": "saas.studio",
            "side": "spine",
            "door": false
          }
        ],
        "more": 0
      },
      {
        "label": "brands",
        "nodes": [
          {
            "domain": "api.sb",
            "side": "spine",
            "door": false
          }
        ],
        "more": 0
      },
      {
        "label": "brands",
        "nodes": [
          {
            "domain": "startups.studio",
            "side": "door",
            "door": true
          },
          {
            "domain": "startupbuilder.dev",
            "side": "spine",
            "door": false
          }
        ],
        "more": 0
      }
    ],
    "edges": [
      {
        "a": "harrowline.com",
        "b": "kestrel.markets",
        "kind": "line",
        "backed": true,
        "verb": "runs-on",
        "basis": "Inferred"
      },
      {
        "a": "kestrel.markets",
        "b": "saas.dev",
        "kind": "line",
        "backed": true,
        "verb": "runs-on",
        "basis": "Inferred"
      },
      {
        "a": "saas.dev",
        "b": "headless.ly",
        "kind": "line",
        "backed": true,
        "verb": "runs-on",
        "basis": "Inferred"
      },
      {
        "a": "headless.ly",
        "b": "saas.studio",
        "kind": "line",
        "backed": true,
        "verb": "runs-on",
        "basis": "Inferred"
      },
      {
        "a": "saas.studio",
        "b": "api.sb",
        "kind": "line",
        "backed": true,
        "verb": "runs-on",
        "basis": "Inferred"
      },
      {
        "a": "api.sb",
        "b": "startupbuilder.dev",
        "kind": "line",
        "backed": true,
        "verb": "runs-on",
        "basis": "Inferred"
      },
      {
        "a": "startups.studio",
        "b": "startupbuilder.dev",
        "kind": "door",
        "backed": true,
        "verb": "door-of"
      }
    ],
    "text": "                            Harrowline.com                   support:stock\n                                   │\n                            Kestrel.Markets                  centre\n                                   │\n                               SaaS.Dev                      the abstractions\n                                   │\n                              Headless.ly                    the abstractions\n                                   │\n                              SaaS.Studio                    the abstractions\n                                   │\n                                API.SB                       brands\n                                   │\n   Startups.Studio ────── StartupBuilder.Dev                 brands"
  },
  "relationships": [
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--kestrel.markets--saas.dev",
      "version": 2910,
      "from": "kestrel.markets",
      "to": "saas.dev",
      "verb": "runs-on",
      "why": "[row] buildable: built on fits ui/api/b2b/agentic/data/regulated",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "low",
      "basis": "Inferred",
      "truth": "buildable",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--kestrel.markets--api.sb",
      "version": 4359,
      "from": "kestrel.markets",
      "to": "api.sb",
      "verb": "runs-on",
      "why": "api.sb/kestrel.markets answers (status Live, fetched 2026-10-24)",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "high",
      "basis": "Inferred",
      "truth": "runs today",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--harrowline.com--kestrel.markets",
      "version": 3881,
      "from": "harrowline.com",
      "to": "kestrel.markets",
      "verb": "runs-on",
      "why": "sb def harrowline.com: built on kestrel.markets [low] — The live route places it on kestrel.markets as its spine (\"spine live https://kestrel.markets/\"); Kestrel's execution authority and signed p",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "low",
      "basis": "Inferred",
      "truth": "buildable",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--kestrel.markets--gigs.expert",
      "version": 3918,
      "from": "kestrel.markets",
      "to": "gigs.expert",
      "verb": "runs-on",
      "why": "sb def kestrel.markets: built on functions/licensed-review [low]; gigs.expert is its preferred provider [medium]",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "low",
      "basis": "Inferred",
      "truth": "buildable",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--kestrel.markets--apis.finance",
      "version": 3917,
      "from": "kestrel.markets",
      "to": "apis.finance",
      "verb": "runs-on",
      "why": "sb def kestrel.markets: built on apis.finance [low] — The portfolio census places it under apis.finance (parent); four routes say so. Stated, not an observed call; its own repo names no apis.fin",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "low",
      "basis": "Inferred",
      "truth": "buildable",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--kestrel.markets--api.forsale",
      "version": 4294,
      "from": "kestrel.markets",
      "to": "api.forsale",
      "verb": "runs-on",
      "why": "deck each-other matrix (lab-cover.mdx:2433-2435): kestrel.markets uses api.forsale; a pitch figure",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "medium",
      "basis": "Inferred",
      "truth": "specified",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--kestrel.markets--api.lawyer",
      "version": 3175,
      "from": "kestrel.markets",
      "to": "api.lawyer",
      "verb": "runs-on",
      "why": "[row] deck each-other matrix (lab-cover.mdx:2433-2435): kestrel.markets uses api.lawyer; a pitch figure",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "medium",
      "basis": "Inferred",
      "truth": "specified",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--kestrel.markets--startupbuilder.dev",
      "version": 4360,
      "from": "kestrel.markets",
      "to": "startupbuilder.dev",
      "verb": "runs-on",
      "why": "sb/poc/startup-as-noun/defs/kestrel.markets/startup.data.mdx",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "medium",
      "basis": "Inferred",
      "truth": "specified",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--kestrel.markets--headless.marketing",
      "version": 4296,
      "from": "kestrel.markets",
      "to": "headless.marketing",
      "verb": "runs-on",
      "why": "deck each-other matrix (lab-cover.mdx:2433-2435): kestrel.markets uses headless.marketing; a pitch figure",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "medium",
      "basis": "Inferred",
      "truth": "specified",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--kestrel.markets--headless.ly",
      "version": 4295,
      "from": "kestrel.markets",
      "to": "headless.ly",
      "verb": "runs-on",
      "why": "deck each-other matrix (lab-cover.mdx:2433-2435): kestrel.markets uses headless.ly; a pitch figure",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "medium",
      "basis": "Inferred",
      "truth": "specified",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/listedBy--kestrel.markets--api.qa",
      "version": 4297,
      "from": "kestrel.markets",
      "to": "api.qa",
      "verb": "listed-by",
      "why": "deck each-other matrix (lab-cover.mdx:2433-2435): kestrel.markets uses api.qa; a pitch figure",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "medium",
      "basis": "Inferred",
      "truth": "specified",
      "predicate": "logo row on a catalog venue (listed by)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/listedBy--kestrel.markets--data.mt",
      "version": 3128,
      "from": "kestrel.markets",
      "to": "data.mt",
      "verb": "listed-by",
      "why": "[row] deck each-other matrix (lab-cover.mdx:2433-2435): kestrel.markets uses data.mt; a pitch figure",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "medium",
      "basis": "Inferred",
      "truth": "specified",
      "predicate": "logo row on a catalog venue (listed by)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    },
    {
      "$id": "https://api.sb/startups.as/relationships/runsOn--kestrel.markets--saas.management",
      "version": 2934,
      "from": "kestrel.markets",
      "to": "saas.management",
      "verb": "runs-on",
      "why": "[row] buildable: operated on fits ui/api/b2b/agentic/data/regulated",
      "sources": [
        "docs/plans/research/2026-10-24-builder-brands/logo-graph.tsv"
      ],
      "confidence": "low",
      "basis": "Inferred",
      "truth": "buildable",
      "predicate": "logo row: \"Powering\" / \"Built on\" (customer runs on supplier)",
      "retracted": false,
      "by": "agent:startups-as-seed",
      "at": "2026-10-25"
    }
  ],
  "neighbours": {
    "sameAbstraction": [
      "gigs.broker",
      "apis.broker",
      "apis.investments",
      "apis.markets",
      "apis.trading",
      "gigs.markets"
    ],
    "listedBy": [
      "api.qa",
      "data.mt"
    ],
    "logoRowsIn": [
      {
        "row": "saas.dev",
        "truth": "buildable"
      },
      {
        "row": "api.sb",
        "truth": "runs today"
      },
      {
        "row": "gigs.expert",
        "truth": "buildable"
      },
      {
        "row": "apis.finance",
        "truth": "buildable"
      },
      {
        "row": "api.forsale",
        "truth": "specified"
      },
      {
        "row": "api.lawyer",
        "truth": "specified"
      },
      {
        "row": "startupbuilder.dev",
        "truth": "specified"
      },
      {
        "row": "headless.marketing",
        "truth": "specified"
      },
      {
        "row": "headless.ly",
        "truth": "specified"
      },
      {
        "row": "saas.management",
        "truth": "buildable"
      }
    ],
    "logoRow": [
      {
        "customer": "harrowline.com",
        "truth": "buildable"
      }
    ],
    "slices": []
  },
  "card": {
    "$context": "https://api.sb/?array",
    "$id": "https://api.sb/kestrel.markets?array",
    "$type": "Startup",
    "id": "startup_7qycv",
    "name": "Kestrel",
    "description": "For trading firms and their agents: a managed platform with market data, execution authority and certified proof, plus a market workstation for agents.",
    "pitch": "kestrel.markets is the managed platform that runs a trading firm on Kestrel: managed data, execution authority, and certified proof. Free, anonymous sims, no signup.",
    "icp": "trading firms running agents",
    "brand": "Kestrel",
    "status": "Live",
    "ventures": [
      {
        "$id": "https://api.sb/startups?venture=agent-finance&array",
        "name": "Agent finance"
      }
    ],
    "families": [
      {
        "$id": "https://api.sb/startups?family=markets&array",
        "name": "markets (suffix .markets)"
      },
      {
        "$id": "https://api.sb/startups?family=kestrel&array",
        "name": "kestrel (census)"
      }
    ],
    "abstractions": [
      "App",
      "Dataset"
    ],
    "appKind": [
      "SaaS"
    ],
    "motions": [
      "b2d",
      "b2a"
    ],
    "coordinates": {
      "icp": "professional traders and builders handing trading to agents",
      "industries": {
        "Miscellaneous Intermediation": "https://api.sb/Industries/Finance/Securities/Other/Miscellaneous_Intermediation?array",
        "Portfolio Management and Investment Advice": "https://api.sb/Industries/Finance/Securities/Other/Portfolio_Management?array"
      },
      "occupations": {
        "Securities, Commodities, and Financial Services Sales Agents · serves": "https://api.sb/Occupations/Sales_and_Related/Sales_Representatives/Securities?array",
        "Financial and Investment Analysts · serves": "https://api.sb/Occupations/Business_and_Financial_Operations/Financial_Specialists/Financial_Analysts_and_Advisors/Financial_and_Investment_Analysts?array",
        "Software Developers · serves": "https://api.sb/Occupations/Computer_and_Mathematical/Computer/Software_and_Web_Developers/Software_Developers?array"
      },
      "processes": {
        "Manage treasury operations": "https://api.sb/Processes/Finance/Treasury?array",
        "Manage enterprise risk": "https://api.sb/Processes/Risk_Compliance/Risk?array"
      },
      "supplies": {
        "Trade.execute": "https://api.sb/startups?drawsOn=Trade.execute&array",
        "Data.query": "https://api.sb/startups?drawsOn=Data.query&array"
      },
      "offers": {
        "Kestrel Terminal (open source, local) · b2d · free · self-serve software": "https://api.sb/by-motion/b2d?array",
        "Kestrel managed platform (metered) · b2a · $0.01 per metered call (grade, sim batch or dataset request) · metered API": "https://api.sb/by-motion/b2a?array"
      },
      "products": {
        "Kestrel Terminal · App": "https://api.sb/by-abstraction/software?array",
        "Kestrel managed platform · App, Dataset": "https://api.sb/by-abstraction/software?array"
      },
      "oneLiner": "For traders handing the seat to agents, Kestrel is the agent trading workstation that gives an agent market data, trade execution and a certified track record.",
      "category": "agent trading workstation",
      "beats": {
        "QuantConnect (LEAN): Hosted research, backtest and live trading, but a commercial cloud holds your strategies: the lock-in the ICP complains about. Kestrel runs locally and signs results.": "https://api.sb/by-alternative/incumbent?array",
        "NinjaTrader: A closed ecosystem with its own scripting and broker; Kestrel is open source and agent-native.": "https://api.sb/by-alternative/incumbent?array",
        "TradingView (Pine Script): Where semi-pro traders prototype, but it is not built for AI agents or signed results.": "https://api.sb/by-alternative/incumbent?array",
        "Gluing data APIs, Backtrader and Jupyter notebooks together: Wiring five data APIs, plumbing scripts and notebooks eats the research week; Kestrel is one deterministic workstation with anonymous sims in one command.": "https://api.sb/by-alternative/build?array"
      }
    },
    "platform": false,
    "domains": [
      {
        "$id": "https://api.sb/domains/kestrel.markets?array",
        "name": "kestrel.markets"
      },
      {
        "$id": "https://api.sb/domains/api.kestrel.markets?array",
        "name": "api.kestrel.markets"
      }
    ],
    "usesPlatform": "https://api.sb/?array"
  },
  "links": {
    "page": "https://startups.as/kestrel.markets",
    "apiSb": "https://api.sb/startups.as/names/kestrel.markets",
    "startupCard": "https://api.sb/kestrel.markets"
  }
}